Will Indonesia Move Its Capital Out of Java?

News in Asia
Will Indonesia Move Its Capital Out of Java?

Indonesia’s president eyes feasibility of moving the country's capital from the main island of Java to a less crowded location. It is not yet decided, though, where exactly the new capital will be situated but according to the planning minister the relocation process can take up to 10 years.

The administration has yet to choose a new location and most probably it will be the eastern side of the sprawling archipelago that will accommodate the capital. Moving the capital requires thorough and detailed preparation and the financy ministry has been ordered to make an estimate of the cost and the financial scheme of moving the capital.

The decision was prompted by several factors, one of which is severe congestion in the area. Currently, about 10 million people reside in Jakarta and at least three times the same quantity lives in satellite towns nearby. Overpopulation of the area results in thick congestion which brings the country the annual economic loss of about 100 trillion rupiah ($7.04 billion).

Another importat point is that Jakarta sits quite low and thus is prone to flooding. The city is gradually sinking due to over-extraction of ground water.

Jakarta is located on Java, Indonesia's main island. Nearly 60 percent of Indonesia’s 260 million population live in Java. The major economic activities are concentrated there. Moving the capital away from Java will boost economic development in other areas of the country and will help spread economic activity more evenly.

One of the most probably contenders for accommodating the new capital is Palangkaraya in Central Kalimantan province on the island of Borneo.

Source

News

Guess Three Most Beautiful Waterfalls in Asia!

MSN, a popular web portal, has recently published their version of the most beautiful waterfalls in the world. Not only Niagara and Angel are included: some impressive cascades are found in Asia, too. 

22 May 2019

Confirmed: Singapore–Malaysia Train Project Suspended

A billion dollar train project that was supposed to link the city-state of Singapore and the southern Malaysian state of Johor was suspended, the transport ministers of the respective counties confirmed last week.

22 May 2019

Pattaya, Thailand Hosts International Fireworks Festival May 24–25

Pattaya's annual most colourful festival is almost here. This Friday and Saturdays the night skies over the city will be lightened by elaborate fireworks display brought to Thailand by four countries.

21 May 2019